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Old 02-16-2009, 01:27 AM   #1
Caregrasy

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Default The Economic Situation in the Baltics
I think there's going to be deflation here as well, but not as bad as in the north. Latvia is gone. Estonia will be mauled but will get up.
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Old 02-16-2009, 05:22 PM   #2
enactolaelant

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How much are your countries worth atm? Maybe we could buy one or two?..
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Old 02-16-2009, 06:03 PM   #3
moredasers

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Was the government in Latvia right or left?
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Old 02-16-2009, 06:36 PM   #4
Fsfkkkjz

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Don't you still have some parts of the country that haven't heard of or felt "elektrifikacija vsej strani"?
Yes, we do. By buying your country we'll actually increase average electrification of Russia. :P
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Old 02-16-2009, 10:46 PM   #5
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How about "wrong"?
Wrong in what respect? I've been reading about this topic and it seems to me little could have been done to avoid this crisis short of fighting tooth and nail against people who want to give you money at 4% interest. Not easy
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Old 02-17-2009, 06:46 PM   #6
sportsbettinge

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When will we see some new faces on the scene?
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Old 02-17-2009, 07:38 PM   #7
wmhardware

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IIUC, the Austrian banks are in deep.
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Old 02-17-2009, 08:56 PM   #8
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Russia is apparently planning on "saving" the Baltics by forcibly repatriating them to keep "order." This may be Putin's test of Obama. Or he may try the same thing in Ukraine. Doubt he'll go after all four at once.

Soldiers being used to bring "order" and by the way collect massive debts. Buying off foreign governments by promising that the new occupiers will assume the bank-related portion of now "pacified" nation's debts. Does all this sound familiar? Putin is a careful student of modern successful propaganda.

Might want to get out of ther Solver while you can.
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Old 02-17-2009, 09:24 PM   #9
SnareeWer

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Perhaps Russia could help them.
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Old 02-17-2009, 09:29 PM   #10
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If things continue as they are, there may well be a new government, or at least major changes in the government, before this thread is gone from view. Should it get really hairy, I hope that Dan has an Apolyton refuge set up in Canada
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Old 02-17-2009, 10:59 PM   #11
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I'm in. Canada is a bit coldish, but it will suffice. Where do I send my CV?

By the way, I just read that a computer expert in Latvia gets about 800 euros at the moment. That's not bad money. I mean it's not much but unless you have a mortgage it should be enough to survive.
Unless you have a mortgage or a family.
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Old 02-17-2009, 11:28 PM   #12
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That would even be closer to a computer expert who's just graduated / started a job. The average salary for IT people / programmers would be higher. And yeah, for now at least, computer people are somewhat less affected by the trouble, except for those who work in state institutions, where all salaries were cut and layoffs are also happening rapidly.
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Old 02-17-2009, 11:31 PM   #13
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But let's not forget taxes and pensions. The quoted 800 euro figure is net after all deductions. Average guy at Google, Microsoft or similar doesn't get six figures. Last I looked it was about 80 000 (gross) for non-managerial positions. That was pre-crisis. When you do some approximate calculations it comes out as about 2000-3000 euros net per month. Compared to 1000 in Latvia or Croatia it is better, but not out-of-this-world better.
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Old 02-17-2009, 11:56 PM   #14
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Why don't the Baltics merge into one country?
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Old 02-18-2009, 05:59 AM   #15
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Why don't the Baltics merge into one country?
Yeah, they should bring Russia in, and give it a new name, like "The Soviet Union".
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Old 02-18-2009, 09:31 AM   #16
ugosanchezo

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Yeah, they should bring Russia in, and give it a new name, like "The Soviet Union".
The thought made you feel all warm and comfy, heh?

In your dreams
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Old 02-18-2009, 09:19 PM   #17
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That's one of the weirdest arguments I've ever seen.
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